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In 2010, Guangxi realized a total industrial added value of 386.046 billion yuan, and the industrial contribution to economic growth exceeded 50%. In the Beibu Gulf Economic Zone, the petrochemical industry also accounts for more than 50% of the total industrial output value. Individual sites such as the Qinzhou Port Development Zone and Fangchenggang Port Zone even exceed 80%. The petrochemical industry has established its position as an important pillar industry in Guangxi.
In Guangxi's dominant petrochemical industry, there is a gratifying situation in which new industries and traditional industries go hand in hand. In September last year, PetroChina Guangxi Petrochemical completed the first-phase project of 10 million tons of oil refining and put it into production. While mitigating the shortage of refined oil products in Southwest China, it has greatly enhanced the important position of the petrochemical industry in Guangxi's industry. Guangxi Fangcheng Port has exported more than 280,000 tons of phosphoric acid last year. Guangxi's total exports of phosphate products account for about 60% of the country's total. Fangchenggang has also become the main base for phosphoric acid production in Southwest China and an important phosphate chemical industrial cluster nationwide.
At the same time, the chemical fertilizer industry in Guangxi has also emerged from the shadow of the financial crisis. From June last year, the export of chemical fertilizers exceeded 7 billion U.S. dollars in a single month for seven consecutive months.
According to Shuhua, director of the Guangxi Industrial and Information Industry Committee, this year Guangxi will pay more attention to the quality and benefits of industrial growth, do a good job of technological innovation and independent innovation, do a good job of optimizing and upgrading the traditional industries, and nurture and develop new industries, including those in the petrochemical industry. Good advantage of industry categories, training leading enterprises, professional parks and competitive enterprises to promote industrial development and upgrading.
The statistics released by the Guangxi District Industry and Information Technology Committee recently showed that in 2010, Guangxi achieved a total of 300.993 billion yuan in industrial added value above designated size, a year-on-year increase of 23.7%, and the growth rate was ranked first in the country with Chongqing and Tianjin. In the contribution of industrial growth, the petrochemical industry accounts for an important proportion, its growth rate exceeds 45%, and the output value reaches 120 billion yuan, with an added value of 35 billion yuan.